Cities

Luxury Senior Community Tops Out in Sarasota

Watercrest Senior Living Group and United Properties broke ground on the 198-unit development in April, with expected completion in the summer of 2020.

Developers Deliver Dallas-Area High-Rise

The 332-unit luxury community is part of the 242-acre Frisco Station mixed-use development.

Hunt Real Estate Secures $12M for Dallas-Area Buy

The borrower plans to implement energy-efficient upgrades at the 124-unit property in Arlington.

Manhattan Senior Housing Community Lands $69M Refi

Greystone facilitated the deal on behalf of the borrower. The loan replaces a prior Fannie Mae note.

Tricon JV Pays $210M for Single-Family Rentals

The partnership between the Canadian firm and two large institutional investors snapped up the 708-home portfolio in Nashville, Tenn.

Pensam Makes Preferred Equity Investment in Newark

The 401-unit Forest Hill Towers was purchased for $73 million.

Forest Properties Sells Sarasota Community for $42M

The buyer is planning to undertake a thorough renovation of apartment interiors at the 267-unit property.

Jersey City’s Tallest Tower Tops Out

The 704-unit, mixed-use property is part of KRE Group’s Journal Squared development in New Jersey.

RISE Properties Trust JV Acquires Seattle Apartments

Mesa West Capital provided $52 million in first mortgage debt for the acquisition and repositioning of Joseph Arnold Lofts.

Griffin Capital Buys 238-Unit Houston-Area Community

The suburban property last traded in 2013 as part of a 24-asset multifamily portfolio.